AutoTradeCenter Reaches Goal of Positive EBITDA in December; Company Reaches Milestone of Number of Vehicles Sold Via Internet

    SCOTTSDALE, Ariz.--Jan. 11, 2002--AutoTradeCenter (OTC BB: AUTC) Friday announced that is has reached its objective of achieving positive EBITDA by Dec. 31, 2001.
    Record vehicle sales on the company's branded Web sites in 2001 marked a 48 percent increase over 2000. Gross revenues for the quarter ending Dec. 31, 2001 were up over 200 percent for the same period last year.
    "We are extremely pleased with our third quarter revenues," stated Roger L. Butterwick, president of AutoTradeCenter. "The steady increase in percentages of vehicles sold reflects the upward trend of dealers utilizing our Internet remarketing programs for sourcing new inventory."
    "The numbers show," continued Butterwick, "that ATC's model for `upstream Internet remarketing' works by providing an efficient, effective and cost savings channel for remarketing vehicles."
    The company's complete third quarter results for the period ending Dec. 31, 2001, is expected to be released mid-February 2002. The company's 10Q filing with the SEC can be accessed through the EDGAR reporting system located at www.sec.gov. The company's financial statements are posted in the Investor Relations section on its Web site www.autotradecenter.com.
    AutoTradeCenter (ATC) is the leading Internet-based "business-to-business" automotive remarketing company. The company markets its services to automobile manufacturers, captive finance companies, lease and rental companies, and financial institutions across the United States.
    ATC powers the American Honda Finance Corp.'s Vehicle Inter-Dealer Purchase System (VIPS), the American Suzuki Motor Corp.'s PROline, and Volvo Finance North America's Remarketing Internet Database Explorer (VolvoRIDE) utilizing Internet technology and remarketing services.
    For more information on AutoTradeCenter.com Inc., please visit http://www.autotradecenter.com/ or contact Public Relations at lseegan@autotradecenter.com.

    Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995.
    The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby.
    Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.